Solar ITC 101

The solar Investment Tax Credit (ITC) is one of the most important federal policy mechanisms to support the growth of solar energy in the United States. Since the ITC was enacted in 2006, the U.S. solar industry has grown by more than 10,000% - creating hundreds of thousands of jobs and investing billions of dollars in the U.S. economy in the process. In 2015, SEIA successfully advocated for a multi-year extension of the credit, which has provided critical stability for businesses and investors. Despite the overwhelming success and popularity of the ITC, the value of the credit will unfortunately start decreasing after 2019.

On July 17, 2019, SEIA delivered a letter to Congress signed by nearly 1,000 solar companies across the country, urging them to extend the solar Investment Tax Credit (ITC), one of the most successful clean energy policies in history.